Global Super Absorbent Polymers Market
The Super Absorbent Polymers Market report highlights key market drivers, opportunities, and restraints along with impact analysis during the forecast period.
PORTLAND, OREGON, USA, Aug. 1, 2022 /EINPresswire.com/ — Super absorbent polymer market growth is being driven by the growing popularity of diapers and increased consumer awareness of infant hygiene. However, commodity price volatility is holding the market back. On the contrary, developing economies and countries with high birth rates are expected to create lucrative opportunities for market players in the coming years.
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By production method, the solution polymerization segment is expected to register the highest CAGR of 7.1% through 2027, owing to high efficiency and lower investment cost. In addition, the solution polymerization production method uses its own energy to complete the process, which reduces capital expenditure. However, gel polymerization segment held the largest share in 2019, contributing more than four-fifths of the global super absorbent polymer market, as the method is widely used to manufacture super absorbent polymers with high absorbency under pressure.
Allied Market Research recently published a report, ‘Super Absorbent Polymers Market by Type (Synthetic and Natural), Application (Personal Care, Healthcare, Agriculture & Horticulture, and Others), and Production Method (Suspension Polymerization, Polymerization in solution and gel polymerization): Global opportunity analysis and industry forecast, 2020-2027′. According to the report, the global super absorbent polymers industry generated $7.6 billion in 2019 and is expected to reach $10.8 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027.
Asia-Pacific, followed by North America, led the market
By region, the global super absorbent polymer market in Asia-Pacific, followed by North America, held the largest share in 2019, accounting for approximately two-fifths of the market. The region is expected to register the highest CAGR of 6.9% during the forecast period, owing to the booming healthcare sector and growing population in the region. The report analyzes the other regions such as North America, Europe and LAMEA.
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Main market players
Evonik Industries SA
Sanyo Chemical Industries, LTD
Sumitomo Seika Chemicals Co., LTD
Nippon Shokubai Co., Ltd.
Xitao Polymer Co.,Ltd
Yixing Danson Technology
Zhejiang Satellite Petrochemical Co.,Ltd
Covid-19 Scenario: The Covid-19 outbreak has significantly affected the global super absorbent polymer market.
Lockdowns in various countries and labor shortages have temporarily suspended manufacturing of advanced materials.
Shortage of raw materials and disrupted supply chain affected the manufacturing of super absorbent polymer resin.
The synthetic segment took the lion’s share
By type, the synthetic segment dominated the market in 2019, accounting for almost 90% of the global super absorbent polymer market, due to its high adoption due to its high absorption potential under load. However, the natural segment is expected to show the highest CAGR of 7.1% during the forecast period owing to its features such as biocompatibility, non-toxicity, and durability.
Get Detailed Analysis of Impact of COVID-19 on Super Absorbent Polymers Market @
Main benefits for stakeholders
Super Absorbent Polymers Market is studied from 2019 to 2027
The report provides in-depth market analysis along with current and future trends of the Super Absorbent Polymers market
This report highlights the key market drivers, opportunities and restraints along with the impact analysis during the forecast period
Porter’s Five Forces Analysis helps in analyzing the potential of buyers and suppliers and the competitive scenario of the industry for making strategies
Comprehensive analysis of factors driving and restraining market growth is provided
Qualitative data in this report aims at market dynamics, market trends and developments
The Super Absorbent Polymers market size is provided in terms of volume and revenue
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Pawan Kumar, CEO of Allied Market Research, leads the organization in delivering high quality data and insights. We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.
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